View How To Grow A Business Successfully

How To Grow A Business Successfully

Pressures on cashflow, staff costs and evolving legislation now force SMEs to critically assess how to fulfil their business objectives without compromising the bottom line and bank balance. The Financial Director magazine gets Chartered Accountant Gary Jesson to talk about how to successfully grow a business and what issues to look out for. Read the…

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View Who Needs To Understand Finances?

Who Needs To Understand Finances?

It’s not just accountants and bankers who need to deal with spreadsheets, numbers and the financial aspect of a business, as most business owners soon find out. As an owner or director, you will inevitably have some form of financial recording-keeping, reporting or analysis to perform, sometimes as a pre-requisite to achieving some other business…

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View I Need To Understand My Finances!

I Need To Understand My Finances!

It’s not just accountants and bankers who need to deal with spreadsheets, numbers, and the financial aspect of a business, as most people soon find out. As a director, manager or an individual with strategic responsibilities, it is likely that at some point, you will have some form of financial recording or analysing to perform…

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View ‘Brand’ New EFM Website!

‘Brand’ New EFM Website!

EFM is excited to launch its brand new website with exciting new features for clients, partners, our ever expanding team and the public. The new site allows companies to source useful financial information and tips to help grow their business effectively and offers free tools to help evaluate certain investment decisions. For businesses that have never…

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View How To Start a Business Successfully And Manage The Start Up Stage

How To Start a Business Successfully And Manage The Start Up Stage

Starting up a business in the current climate can be challenging, however harsh market conditions can also create opportunities for those with a well thought out, funded and researched business idea willing to enter the market. The Financial Director magazine gets Chartered Accountant Gary Jesson to talk about starting up a business, seek for funding…

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View Turn A Business In Decline Around

Turn A Business In Decline Around

Business owners and managers should be aware of the following key signs that you might indicate help from a turnaround specialist is needed: Regular trading losses, declining cash balance, loss of a major trading contract, escalating costs, overdraft constantly over limit, arrears with VAT/PAYE/NI payments, declining sales and rising stock levels, customers taking longer to pay,…

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View Plan A Successful Exit

Plan A Successful Exit

Building a successful business from start-up to sustained profitability is no easy feat, especially in the current economic climate. There are no short-cuts or absolute guarantees when building a thriving business. But there are successes, which come from a combination of careful planning, hard work and working with the right team. After investing significant amounts…

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View Bespoke financial management support

Bespoke financial management support

As a business owner and manager, how do you know you are getting the best from your finance team- is the information they provide accurate and does it make sense, is it delivered on time, are there gaps in their skills or maybe they just need some support at certain times to overcome staff absence…

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View Improve cashflow

Improve cashflow

Many SMEs (small and medium sized businesses) run out of cash whilst still profitable because they are unable to meet financial obligations when they become due, so profitability should not be the sole aim of a business. Remember the mantra, turnover is vanity, profit is sanity, cash flow is reality. Trading whilst potentially insolvent soaks up…

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